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  • Thursday, November 21, 2024

Huntington Ingalls Wins Potential $386M USS Boise Submarine Overhaul Contract


Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division has won a potential $385.7 million contract to help the U.S. Navy plan and implement engineering overhaul activities for the Los Angeles-class attack submarine USS Boise in fiscal year 2019.

The Navy received two offers for the project through a competitive bidding process on FedBizOpps and will obligate $3.9 million in fiscal 2018 “other” procurement funds at the time of award, the Defense Department said Monday.

DoD noted the service branch will obligate the full contract amount from fiscal 2018 operations and maintenance; and “other” procurement funds at the time of award.

Work will occur in Newport News, Virginia, through February 2021.

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